It is great to know that Bomvalor is using Blockchain IL2 technology in its management, tracking and sales systems. Blockchain is a distributed and immutable digital ledger that offers transparency and security to transactions. By implementing this technology, Bomvalor demonstrates its commitment to providing a reliable and transparent environment for business and transactions.

Blockchain technology has the potential to revolutionize many industries, including sales and auctions. By using the Blockchain, Bomvalor can create an ecosystem that facilitates transactions and promotes the democratization of access to goods and public auctioneers across the country. This decentralized approach can eliminate unnecessary intermediaries and reduce costs, while providing participants with security and confidence.

I first met Ricardo and Fabio by chance on a trip to New York. I had been working with Professor Tsai of Beihang and Arizona State Universities on blockchain and fintech and he and I had published an academic paper which concluded the Proof of Work and Proof of Stake models of blockchain were not optimal for financial services and more work was needed before they could revolutionise anything.

The approach adopted by Interlockledger seemed initially intuitively simple but I thought there must be a hole in the logic. After defining a multi document chain we started operations with Interlockledger interfacing by API to Salesforce.com. We gathered documents designed for KYC and AML and maintained an immutable record of team actions to show clients and partners our commitment to transparency in operations. For 3 years the chain has operated without a single glitch.

We have expanded to interoperation with our Chinese partners, and we aim to build a full digital ledger for stablecoins in due course. Rather than endure the cost and expense of Oracle, DB2 and websphere we have created a digital and expansive platform that can interact with SWIFT, conventional databases and advanced APIs at a fraction of the cost of conventional legacy software.

With Interlock Ledger’s flexible APIs and efficient trusted ledger of transactions, we’ve been able to create a solution that simplifies the bridge between brands and consumers through financial services . It’s asset control protocol feature allows us to create and manage our assets with full accountability and reduced cost scalability.

Having already experienced InterlockLedger’s can-do attitude and rapid delivery in a related business, selecting them for our asset-tokenisation solution was a decision that didn’t need to be made. These guys, once again, failed spectacularly to disappoint! Within a matter of days they’d created and deployed asset units that were secure, immutable and market-ready. One joy of working with InterlockLedger is that their speed focuses us to ensure we keep up with their pace.

We’re now working with them on a major project to connect blockchains of differing technologies to provide a single-touch solution. It’s a partnership that repeatedly inspires exciting ideas.